NEO TECHNICAL SYSTEM Co., Ltd. is a Korea-based company mainly engaged in the manufacture of micro bits. The Company operates in two main business divisions: micro bit division and shaft-related division. Its micro bit division produces micro bits, including router bits, which are used for cutting printed circuit boards (PCBs); end mill bits, which are consumable tools that used for grinding cut sections, and micro drill bits, which are used for drilling holes on PCBs. Its shaft-related division produces shafts, such as gear shafts for automobile power window motors, as well as related equipment and components. The Company distributes its products within domestic market and to overseas markets.